How Countries Fall into the Welfare Trap
Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.
Recent Podcast Episodes
Taking the USMLE to Task
Bryan Carmody, MD, discusses the machinations that constitute licensing examination in the United States.
The Apocalypse Has Been Postponed
The radical nature of anti-climate-change measures require promises of a near-total apocalypse in the near future. But the date for the promised disaster keeps getting pushed back.
Study Estimates the Green New Deal to Cost $93 Trillion — That’s a Conservative Estimate
The Green New Deal contains a wish list of progressive social and economic goals that come with a staggering price tag.
The Theory of Interest Rates
What are interest rates, where do they come from, and what purpose do they serve? Economist Jeffrey Herbener explains why Turgot, Böhm-Bawerk, and Mises got it right.
Murphy Dissects His Discussion of MMT With Warren Mosler
Bob and Warren Mosler discuss the assumptions behind Modern Monetary Theory and its implications for economic policy.
Central Banks Shouldn’t Fight Deflation
The real problem was the money supply inflation that happened during the boom phase. Combating deflation in the bust phase only superficially treats a symptom of the boom-bust cycle.
The Battle of Shiloh, Part 2: The Furies of Hell
At the onset of the Battle of Shiloh, the Confederacy caught the Union by surprise. But what should have been a quick victory turned into a bloody battle of attrition.
Psychiatry: Past, Present, and Future
Is there a way forward? Accad and Koka interview Paul McHugh, MD, one of the most important figures in academic psychiatry of the last thirty years.
This Way Toward Equality
Equalization of incomes can be accomplished only by moving down the road toward serfdom.
Libertarianism(s) versus Postmodernism and “Social Justice” Ideology
The 2019 Ludwig von Mises Memorial Lecture, sponsored by Yousif Almoayyed.
Panel: The Significance of Hans-Hermann Hoppe
Hans-Hermann Hoppe
David Gordon
Mark Thornton
Stephan Kinsella
Thomas J. DiLorenzo
Jörg Guido Hülsmann
Joseph T. Salerno
Featuring Hoppe’s remarks from his AERC panel discussion. Sponsored by Steve and Cassandra Torello.
Session: Remembering the Interwar Right
A 2019 AERC panel featuring Paul Gottfried, David Gordon, and Brion McClanahan.
Political Capitalism: How Economic and Political Power is Made and Maintained
The 2019 F. A. Hayek Memorial lecture, sponsored by Greg and Joy Morin.
The Inescapability of Law: and of Mises, Rothbard, and Hoppe
The 2019 Murray N. Rothbard Memorial Lecture, sponsored by Don Printz.
The Cost of Enlightenment
The 2019 Lou Church Memorial Lecture, sponsored by the Lou Church Foundation.
Henry Hazlitt’s Long-Term Economic Thinking: Foundation of Entrepreneurial Excellence
The 2019 Henry Hazlitt Memorial Lecture, sponsored by Hunter Lewis.
Peter Klein Discusses Christina Romer, Bill Clinton, Israel Kirzner, and Entrepreneurship
Bob Murphy and Peter Klein discuss Peter's unusual career path and his work on entrepreneurship.
Industry-Sponsored Clinical Trials: An Insider’s View
Mention the phrase “industry-sponsored clinical trial” and many eyes will immediately roll back. But, is the reaction justified? Dr. Milton Packer explains.
The Battle of Shiloh, Part 1: I “Would Fight Them If They Were A Million”
Chris Calton details the buildup to the Battle of Shiloh.
